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Search Results 0 to 8 of about 9 (some duplicates have been removed)
Comedy Central
Mar 20, 2013 1:30am PDT
would only raise the debt ceiling if the president promised later spending cuts. if those were not passed by an arbitrary date, it would trigger the sequester, a doomsday scenario designed to cripple programs that both sides love. the democrats would see damaging reductions in education, national parks, vaccination programs, food inspection, even the national zoo while republicans would see cuts to everything they hold dear like the military. [laughter] the point is -- [cheers and applause] -- if the two sides failed to come to a compromise in march 2013 would come in likeÑi a lion and go out like a lion loose from the unguarded national zoo. it was a good plan as long as one of the sides didn't forget that it was a horrible plan. >> you know, look, we're talking about $85 billion.Ñi we borrow $85 billion every three days. this is three tenths of 1% of g.d.p. it's two cents on the dollar. >> the federal government is highly inefficient. it could use a 5% or 10% cut. >> stephen: that is a courageous stance by rudy giuliani. that eliminate only 280,000 jobs, none of which are his.
Comedy Central
Mar 19, 2013 11:30pm PDT
solution. it was born back in 2011 when obama wanted to raise the debt ceiling. the amount that america can borrow to pay its bills. it's sort of like raising the credit limit on your visa to pay off your mastercard if you had used your mastercard to pay for two trillion-dollar wars. but -- listen, wait. [cheers and applause] they were worth it because now we can use all the free miles to go to the next war. [cheers and applause] but the republicans -- but the republicans would only raise the debt ceiling if the president promised later spending cuts. if those were not passed by an arbitrary date, it would trigger the sequester, a doomsday scenario designed to cripple programs that both sides love. the democrats would see damaging reductions in education, national parks, vaccination programs, food inspection, even the national zoo while republicans would see cuts to everything they hold dear like the military. [laughter] the point is -- [cheers and applause] -- if the two sides failed to come to a compromise in march 2013 would come in likeÑi a lion and go out like a lion loose from th
CSPAN
Mar 20, 2013 5:00pm EDT
were reluctant to raise the debt ceiling, and a lot of members of congress were reluctant to raise the debt ceiling since we were so irresponsible around this place, but an agreement was reached recognizing that could be disruptive to a significant degree, that we would raise the debt ceiling $2.1 trillion but we would reduce spending over ten years $2.1 trillion. well, we've already run up another $2.1 trillion in debt. we've already hit that. but they're proposing, and the president himself in his budget last january, six months -- less that six months after he signed the budget control act eliminating a little bit of the growth in spending, he's proposing to eliminate it, at least the sequester part of it, which is $1.2 trillion, 60%. so here are some other figures that are plain that the american people should know about this budget. it has a 60% spending increase over ten years, would increase spending 60%. it has $162 billion increase in spending next year, another stimulus bill. $7.3 trillion in new federal debt will be added under this budget over the next ten years. $1.5 trill
FOX News
Mar 20, 2013 12:00pm PDT
have felt i don't have to worry about that. obviously it could change. that or the debt ceiling deadline coming up in the spring. we don't know if we'll get a reprieve turned into a pardon. >> thank you, sir. >>> the governor of colorado today signed new laws that regulate the sales of guns. hours earlier somebody gunned down one of his state's top law enforcement officials. the man who heads the bureau of prisons, opens the door and he's shot dead. connection? the latest from both ends of this important story coming up. max and penny keptur bookstore exciting and would always come to my rescue. but as time passed, i started to notice max just wasn't himself. and i knew he'd feel better if he lost a little weight. so i switched to purina cat chow healthy weight formula. i just fed the recommended amount... and they both loved the taste. after a few months max's "special powers" returned... and i got my hero back. purina cat chow healthy weight. after a few months max's "special powers" returned... with an intuitive motion activated lid and seat,ad bold makes sure you'll never have to ask
MSNBC
Mar 19, 2013 11:00pm PDT
potentially dangerous consequences of not raising the debt ceiling back in 2011. >> no federal government employees, including counterterrorism agents, in the fbi, for example, no border agents. now, before we default, we could have time to make this sign for all points of entry. that's just the tip of the iceberg. >> i think he was being sarcastic, don't you? now to the ones who were ill advised for whatever reason. first iowa republican congressman steve king with the solution to illegal immigration in the form of a construction project on the house floor. >> you can't shut that off unless we build a fence and a wall. i want to put a fence in and a wall in. i designed one. this would be an example, then, of how that wall would look. you can also deconstruct it the same way. you can take it back down. i also say we need to do a few other things on top of that wall. one of them would be to put a little bit of wire on top here to provide a disincentive for people to climb over the top or put a ladder here. we can electrify this wire, not a current that would kill anybody, but wo
CNN
Mar 20, 2013 1:00pm PDT
, didn't want another vote on the debt ceiling before his re-election. >> true. >> and so he forced this process to occur and insisted. >> but he didn't want the sequester cuts. >> well, no. he didn't want the cuts, but we had the sequester as a result of his demands. and i'm told my colleagues in the house that the sequester will stay in effect until there is an agreement that will include cuts and reforms that put us on a path to balance the budget over the next ten years. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both righ
CNN
Mar 20, 2013 2:00pm PDT
of july early august will you vote to raise the nation's debt ceiling? that's when it has to be raised. >> i'm not going to get into what we will or will not do. i do believe that we can make sure the default is not going to happen. i'm not really worried about us defeating. i think we can give the authority to the president to prevent default. i have to tell you, wolf. we can't keep running up deficits like this. it will damage our economy deeply and people are saying that we don't have a crisis on the horizon. of course we do. we've got a debt that is on a tear right now. if the debt takes off like it's projected to do, it's not only hurting our economy today but destroying it for the next generation. we just can't sit around and be complicit with that. that means we have to do something about it. >> let me get your thoughts on a couple sensitive issues coming before congress. immigration reform. do you support a pathway to citizenship for the 11 or 12 million illegal immigrants in the united states? >> well, i think we can get the comprehensive immigration reform. i support r
CSPAN
Mar 19, 2013 8:00pm EDT
year. under the debt ceiling in january, if the senate does not pass a budget then the senators will have their paychecks with held. it this is obviously, politically a hot potato. for him he does want, very much to have a certain amount of co-sponsors as well and they are worried about the impact of air traffic controllers by sequestration that went into ffect on march 1 the $85 billion of the across the bored spending. >> the spending for the rest of fiscal year 2013, how quickly is the house likely to take that up and pass it? >> i spoke to the house appropriation chairman and he says it is likely, unless there is last-minute changes that he does not know about the house will quickly move to bring the c.r. unchanged to the senate's floor and the house can move with lightning speed compared to the senate. so i think the flight path is clear in the house assuming there is no big changes to the senate's c.r. at this point, we have to get through -- what looks like right now to a thursday vote on the senator for the c.r. >> that makes it sound like the flight path getting to the presi
Search Results 0 to 8 of about 9 (some duplicates have been removed)